PPP Loan information for The balance rock inn

$113,333

The balance rock inn was initially approved for PPP Loan of amount $113,333, the current approved amount is $113,333. The loan was approved on 05/06/2020 by The Cross River Bank reported 20 jobs and $113,333 was used to fund payroll.

The balance rock inn is Existing or more than 2 years old

THE BALANCE ROCK INN

Date Approved

05/06/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

THE BALANCE ROCK INN

Borrower Address

21 Albert Mdws

Borrower City

Bar Harbor

Borrower State

ME

Borrower Zip

04609

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113333.00

Current Approval Amount

113333.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bar Harbor

Project County Name

HANCOCK

Project State

ME

Project Zip

04609-0001

CD

ME-02

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113333.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115053.18

Forgiveness Date

11/17/2021

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